Traders say they expect Nigeria’s bond market to remain relatively weak as offshore investors remain on the side-lines. To discuss this and other activities in Nigeria’s money markets, Bukky Aregbesola, Head of Fixed Income at Access Bank joins CNBC Africa.
Traders say the pressure on funding rates is likely to increase in Nigeria’s money market as the market is not slated to receive any inflow today. Currently, investors’ appetite in the bonds market remains soft. To discuss the trends in Nigeria’s fixed income and Forex market, Bukky Aregbesola, Head of Fixed Income at Access Bank joins CNBC Africa for more.
The Central Bank of Nigeria (CBN) will offer n34.4 bn naira worth of T-bills in today’s auction. To discuss expectations for the auction and an outlook on this week’s trading at Nigeria’s money market, Bosun Obembe, Forex and Derivatives Trader at Access Bank joins CNBC Africa for more.